ABUJA, Nigeria — The National Economic Council (NEC) has approved a intervention fund of ₦83.2 billion for the Anticipatory Action Task Force (AATF) to proactively mitigate the impact of impending floods and severe climate-related emergencies across the country.
The multi-billion naira climate safety package was approved on Thursday, June 18, 2026, during the council’s 158th statutory meeting held at the State House.
Okay News reports that the approval followed a presentation by the Minister of State for Budget and Economic Planning, Senator Atiku Bagudu, outlining the critical need for proactive disaster management before the peak of the annual rainy season. The council emphasized a policy shift from historical reactionary emergency management to anticipatory defense strategies to protect vulnerable agrarian communities and urban centers prone to heavy seasonal displacement.
Presiding over the session, Vice President Kashim Shettima maintained that the administration’s stabilization reforms must now translate into visible economic production. Shettima urged state governors to aggressively collaborate with the federal government to eliminate prolonged logistical and international compliance bottlenecks currently choking the agricultural value chain. Warning that a nation unable to move its goods effectively “imprisoned its own farmers,” the Vice President stressed that streamlining port processes and meeting global standard criteria remain vital to rewarding local labor and expanding Nigeria’s share in international trade.
